The Ahmedabad-based Adani Group has a five-year, $11-billion expansion plan for its airports business but no plans to start an airline in the world’s fastest growing aviation market. Jeet Adani, director at Adani Airports Holdings Ltd. and son of billionaire Gautam Adani, at the newly built Navi Mumbai International Airport. (Reuters) What’s the plan: The […]
The Adani Group plans to invest $15 billion to boost passenger capacity at its airports to 200 million annually in the next five years, helping power India’s aviation boom as it prepares to list its airport unit. The Adani Group HQ in Ahmedabad. The Adani Airports expansion plan excludes 20 million at Navi Mumbai and […]
Creditors of Jaiprakash Associates Ltd., commonly known as Jaypee Group, have unanimously backed Adani Enterprises Ltd.’s ₹13,500-crore takeover proposal under the insolvency process, preferring it over a higher bid by Vedanta Ltd. Adani Group Chairman Gautam Adani. Vedanta’s bid for Jaypee Group (Jaiprakash Associates) entailed a five-year payment timeline, significantly longer than the 1.5-2 years […]
Billionaire Gautam Adani plans to build a multi-billion dollar battery energy storage system in Gujarat to support his group’s renewable energy ambitions, according to people familiar with the matter. Adani Group Chairman Gautam Adani. (Bloomberg) The proposed installation, planned for completion by March 2026, would be India’s top battery storage facility and among the largest […]
Updated on: Nov 04, 2025 1:16:06 PM IST India Inc.’s earnings season is in full swing, with SBI, M&M, Adani Group firms, Paytm and IndiGo among the prominent companies who are reporting their quarterly results today. India Inc’s Q2 FY26 earnings season is on in full swing, with companies across sectors unveiling their July-September scorecards. […]
Adani Realty and Mumbai-based listed developer Marathon Nextgen Realty Limited have partnered to develop a commercial and retail project in Byculla, Mumbai, with a gross development value (GDV) of ₹3,400 crore. The project, named Monte South Commercial, will be executed as a joint venture between Marathon Nextgen Realty and Adani Realty, spanning approximately 1.2 million […]
A unit of the beleaguered Sahara Group’s has approached the Supreme Court (SC) of India seeking approval to sell 88 of its prime properties to Adani Group. A unit of the beleaguered Sahara Group’s has approached the Supreme Court (SC) of India seeking approval to sell 88 of its prime properties to Adani Group. (Picture […]
Adani Properties is seeking court approval to acquire 87 properties including hotels and malls from Sahara Group, in a move that could bolster the Gautam Adani-led conglomerate’s real estate holdings. Adani Group Chairman Gautam Adani. (Bloomberg) Sahara Group, founded by the late Subrata Roy, is seeking to sell its hotels, shopping centres, and residential and […]
Adani Enterprises Ltd., Alphabet Inc.’s Google and Bharti Airtel Ltd. have come together to build India’s largest AI data centre in Visakhapatnam, as part of the Gemini creator’s $15-billion push into India’s AI landscape. Adani Group Chairman Gautam Adani. (Bloomberg) Adani ConneX, the data-centre joint venture of Adani Group and US-based Edge ConneX, along with […]
